Honda Has High Hopes for Fit and 1 Auto Stock Making Headlines Now

Honda Motor Co., Ltd. (NYSE:HMC) hopes to sell two million cars in the U.S. during 2016, but it is not only interested in the blockbuster Civic or Accord models as a way to improve the sales sheets. Instead, Honda President Takanobu Ito hopes that a new generation of Honda Fit hatchback, which was made in the company’s new Mexican plant, has the ability to make up the difference.

A123 Systems, Inc. (NASDAQ:AONE), who is the bankrupt maker of electric-car batteries given a $249.1 million federal grant, is expected to face objections from its unsecured creditors regarding a planned sale of company assets.